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Understanding the February 2026 Distribution Details for John Hancock Premium Dividend Fund

In a recent announcement, the John Hancock Premium Dividend Fund (NYSE: PDT), a closed-end fund overseen by John Hancock Investment Management LLC, confirmed its ongoing commitment to its shareholders by detailing the sources of its monthly distributions. This notice, which is critical for shareholders, sheds light on the driving factors behind the monthly distribution amount, ensuring transparency and informed decision-making among investors.

Key Distribution Information

As per the February 2, 2026 announcement, each shareholder of record as of February 12, 2026, will receive a distribution of $0.0825 per share, payable on February 27, 2026. This monthly payout is part of the Fund’s managed distribution plan which aims to provide a steady income stream to investors.

Moreover, this distribution notice is issued in compliance with a directive from the U.S. Securities and Exchange Commission, ensuring that shareholders are kept in the loop regarding the financial health of the Fund and the specifics of their investments.

Breakdown of Sources of Distribution

A pivotal element of this announcement involves a detailed breakdown regarding the sources contributing to the overall distribution. Below is a concise table summarizing the estimated sources for this distribution:


Through this table, one can note that a significant portion of the distribution comes from net investment income, comprising approximately 74% of the total amount. Short-term capital gains contribute minimally, while long-term capital gains make a more substantial impact at 25%. The absence of return of capital indicates that the Fund has not needed to utilize past capital as a source for this month’s dividend.

Year-to-Date Distribution Overview

Looking at the fiscal year so far, which began on November 1, 2025, the cumulative distributions paid thus far reveal:

• - Total cumulative distribution: $0.3300 per common share
• - Breakdown percentages mirror closely to the current distribution sources, with net investment income and realized gains reflecting similar proportions to the current breakdown.

These figures highlight a regular income stream for shareholders while showcasing the Fund's effective management of investment returns.

Forward-Looking Statements

It's essential to understand that while the announced distribution provides insight into the Fund's operations, it should not be misconstrued as a comprehensive measure of performance. Investors are cautioned to not solely base investment decisions on the amounts disbursed under the distribution plan, which may include returns on capital, a factor that could detract from future growth potential.

The Fund has been performing robustly, with an average annual total return of 9.97% over the past five years, signaling strong management and effective asset allocation strategies tailored to optimize shareholder interests. The annualized current distribution rate stands at 6.88% as of January 31, 2026, reinforcing the attractiveness of the dividends offered.

Conclusion

The updated distribution notice from John Hancock Premium Dividend Fund is vital information for its shareholders, providing clarity on how distributions are funded and paving the way for informed investment decisions. Investors are encouraged to stay informed and consult their financial professionals regarding the implications of these distributions while keeping an eye on potential changes that may arise from ongoing market fluctuations and investment performances.

For additional inquiries or details about your investments, reaching out to your financial advisors or the Manulife John Hancock Closed-End Fund Information Line is encouraged. Navigating the landscape of investments can be complex, yet with timely updates like this, ensuring that investors remain informed is a paramount goal of successful fund management.